Value added is the change in ........

Costing - Phase (I & II) Basics of Cost Control and Analysis

Download Solution PDF

Value added is the change in

Face value

Market value

Book value

Realizable value

छोटे Courses बड़े Results

Master Basics of Cost Control and Analysis

Prepare through Micro-courses

Try Now

Explanation:

Value-added is the difference between the price of product or service and the cost of producing it. The price is determined by what customers are willing to pay based on their perceived value. Value is added or created in different ways. The addition of value can increase either the product's price or value